Peel L&P inks trio of office deals at MediaCity 

The largest of the three lettings saw breakdown service and insurance firm RAC relocate its call centre and 300 employees to 23,000 sq ft at The Vic. 

RAC’s deal, one of the largest in Greater Manchester this year, contributed to a 17.5% uptick in take-up in Salford Quays and Old Trafford in the second quarter of 2023 compared to the previous three-month period. 

RAC, which is currently looking for a buyer for its 56,000 sq ft former Thomas Street call centre in Stretford, will occupy the whole of the second floor and part of the first at The Vic for the next 10 years.

The space was refurbished three years ago and has been verified by a third party as net zero, according to Peel.

Dave Hobday, RAC chief executive, said the move demonstrates the company’s “continued long-term investment in the RAC”. 

“The Vic’s best-in-class sustainability and well-being credentials offer colleagues a better working environment, first-class facilities and an all-around greater experience in a modern and vibrant city setting.” 

RAC will join Team17 Digital in the building. The videogames developer has signed a five-year lease extension on its 6,000 sq ft ground floor office. 

Meanwhile, The Department of Work and Pensions has secured a 10-year deal for a 9,000 sq ft office within Peel L&P’s neighbouring Alex building. 

Simon Lovegrove, senior asset manager at Peel L&P, said: “We’ve seen a real flurry of activity in recent months with almost 40,000 sq ft of lets in total across The Vic and Alex buildings, which are experiencing a real renaissance in popularity.  

“Occupiers are attracted by the buildings’ highly sustainable credentials, attractive waterfront setting and the vibrant MediaCity community with all of its amenities.” 

CBRE acted on behalf of RAC, Cushman and Wakefield acted for The Department of Work and Pensions, and Canning O’Neill acted on behalf of Peel L&P at MediaCity.